ABN Amro to price 19.5% knock-in notes linked to Nucor

By Jennifer Chiou

New York, Sept. 6 - ABN Amro Bank NV plans to price 19.5% annualized Knock-in Reverse Exchangeable Securities due March 27, 2008 linked to the common stock of Nucor Corp., according to a term sheet.

Interest will be payable monthly.

The payout at maturity will be par unless Nucor stock falls by more than 20% during the life of the notes and the final share price is less than the initial share price, in which case the payout will be a number of Nucor shares equal to $1,000 divided by the initial share price.

The notes will price on Sept. 24 and settle on Sept. 27.

LaSalle Financial Services Inc. is the agent.

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